Daily Archives: October 29, 2014

According to the Minister of Economics of Georgia George Kvirikashvili, the country’s position in the World Bank’s Doing Business has slightly decreased, but it is not alarming. “The calculation methodology, as well as some criteria, was changed that predetermined Georgia’s insignificant downgrade. In general, the country occupies the same positions …

An interview with Director of the Georgian Tourism Association Nata Kvachantiradze When will visitors be able to receive e-visa? The Economic Ministry initiative is still under consideration. The fact is that the visa regime with separate countries introduced on September 1st has brought negative results in terms of both business …

A preparation for a new season has already begun in the Black Sea region of Adjara; within this process, a research of the already ended season was conducted – in particular, participants of the research under the guise of ordinary citizens checked quality of services at restaurants and hotels of …

Over the past year, foreign companies won public tenders in Georgia more frequently than the national ones did. This information is confirmed by the study conducted by the NGO “Transparency International – Georgia”, which will be published in the near future. According to a representative of the organization Anna Dabrundashvili, …

The Lloyds Banking Group confirmed a cut of 9,000 jobs and a closure of 150 branches, according to a BBC report. The bank says the cuts and branch closures are due to customers switching towards mobile banking. Three years ago, Lloyds had no customers using mobile technology, yet …

Today Tbilisi hosts a two-day long international investment forum – “Georgia – Regional Center and the Door of Asia to Europe.” The Forum that takes place at Radisson Hotel was opened by Prime Minister Irakli Gharibashvili. Nearly three hundred representatives from the governmental and business sector will attend the forum. …

The Azerbaijani government intends to develop its winemaking industry in the mountainous Shirvan region. In order to effectively use the economic capacity of the region, Azerbaijan’s Economy and Industry Minister Shahin Mustafayev has assigned the relevant bodies with financing certain projects in this sector. The relevant instructions were given on …

AirCAiro announced the start of its new flights from Sharm el Sheikh to Tbilisi. The airline will operate two flights per week starting on November 2nd and three flights per week, starting January 9th. Air Cairo is a low fare airline based in Cairo, Egypt. The airline is the low fare …